About this property
191 Springvale Road in Springvale, Victoria occupies a 667 m² site and was sold for $2,775,000 on 20 Jul 2021
Residential Property
191-195 Springvale Road
Springvale VIC 3171, Australia
-Bedrooms
-Bathrooms
-Parking
667 m²Land size
-Internal area
$2,775,000Last sale (2021)
Snapshot
Key points for 191-195 Springvale Road.
- Land parcel measuring 667 m²
Key details
- Locality
- Springvale
- State
- VIC
- Coordinates
- 37.94579459 / 145.15367785
- GNAF PID
- GAVIC412326588
- Legal parcel ID
- 36\LP11144
- Remoteness area
- Metro
- Property type
- Commercial
- Land size
- 667 m²
- Internal area
- -
- Land Use Category
- Commercial
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Expected weekly rent
$785
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 20 Jul 2021 | $2,775,000 | $4,160 |
| Sale | 30 Sep 2002 | $530,000 | $794 |
| Sale | 12 Aug 1994 | $480,000 | $719 |
| Sale | 19 Jun 1980 | $247,760 | $371 |
Price per m² based on land size of 667 m².
Real Estate Agencies
Ordered by:
Buxton - Keysborough
5.4 km
OBrien Real Estate - Narre Warren
16.4 km
Boutique Estate Agency Pty Ltd - DANDENONG NORTH
6.8 km
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Noble Park English Language School-Springvale Campus
0.7 km
Special school | Government
Springvale Rise Primary School-Springvale Road Campus
0.7 km
Primary school | Government
Spring Parks Primary School-Valley Campus
2.4 km
Primary school | Government
Springvale Rise Primary School (Interim Name)
0.8 km
Primary school | Government
Westall Secondary College-Westall English Language Centre
1.7 km
Secondary school | Government
* Approximate straight-line distances
Frequently asked questions
What is the land size available at 191 Springvale Road?
The property includes a land parcel of about 667 m². This size provides flexibility for a range of commercial or light‑industrial layouts
How well is the site connected to major road networks?
191 Springvale Road is situated within the Springvale suburb, which is linked to Melbourne’s CBD by the Monash Freeway via the Ferntree Gully Road exit. It is also bounded by the Princes Highway, offering easy vehicle access for customers and deliveries
Which public transport options are closest to the property?
The Springvale railway station is roughly 0.4 km away, providing direct train services on the Pakenham/Cranbourne line. Several Ventura bus routes (705, 811, 813, 814, 885) and the SmartBus 902 also run through the area, enhancing commuter accessibility
What nearby facilities could support a commercial business at this location?
The site is near the Springvale Road shopping district, the Springvale Neighbourhood House, and a range of religious and community centres, offering potential foot traffic and community engagement. Proximity to health services such as Monash Health (≈0.8 km) also adds convenience for staff and visitors
Is the surrounding area suitable for industrial or commercial use?
Springvale contains scattered small industrial zones in its north‑west and north‑east, indicating that commercial and light‑industrial uses are present in the suburb. The 667 m² parcel can be developed to match local zoning patterns for such activities
How does the demographic profile of Springvale influence business opportunities?
Springvale is one of Australia’s most culturally diverse suburbs, with a high proportion of overseas‑born residents and strong Vietnamese, Indian, Cambodian and Chinese communities. This diversity can create niche market opportunities for retail, food, and service businesses targeting multicultural customers
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